Comfortably. Hawkish headlines on china and weak Economic Data both weighing on market sentiment. The dow is down 300 points yearly it was down 350 about 20 minutes ago. We have 59 minutes left in the session. Big show coming up four. A true 2020 winner, et ceteray stock is up 250 this year we will talk to the ceo Josh Silverman about the holiday crunch and whether his companys momentum can continue. And arthur blank, cofounder of home tee poe, owns the Atlanta Falcons and atlanta mls team as well lets focus first on the stories we are watching today. Mike santoli is tracking the Market Action into the close meg tirrell has a vaccine update and phil lebeau has an update on nikola, that stock down020 today. Mike santoli first to you and the markets. A mild shake of the tree. Indexes backing off. Some of the stuff that was up the most this month is down the most today seems like a little bit of trimming there are probably unbalanced portfolios there you have we are roughly capped we were
Welcome, everyone, the kboel im sara eisen, here with wilfred frost. Pfizer says its covid19 vaccine candidate developed with biointech is more than 90 effective in preventing covid19 in a phase three study the cow and s p 500 hitting record highs in todays session, this after strong gains last week as well as the Election Results come into sharp focus. Seeing down sectors like airlines, cruises, banks, and energy are seeing outsized returns today on the vaccine news while the stayathome winners like zoom, peloton, and amazon are coming back to earth. Nasdaq is actually negative with this more than 1,200 point rally on the dow 59 minutes left to go on a historic day on wall street. Nasdaq hovering around the flat line. Big gains for the dow. Coming up on the show, a massive guests line ups. We will discuss the vaccine, the election, what it all means for your money with huge names nelson peltser will weigh in with his thoughts on what the market is doing as we speak. The chamber of com
Report help to boost sent men this morning with the u. S. Economy adding 638,000 jobs in october. The Unemployment Rate fell to 6. 9 the coronavirus surge remains in focus, the u. S. Setting a record with more than 121,000 cases on thursday according to Johns Hopkins data 59 minutes left of the session in what has been a crazy week. Today though essentially flat, sara. Holding onto the gains i would argue, which are very strong so far this week. Ahead on todays show we will ask jeff sonnenfield how americas Corporate Leaders are thinking about the heated election race. Big news out of cvs as larry merlo announces hi retirement. We will also speak with the ceo of hershey asking about how cappy sales fell during this years unusual halloween season. Lets get to the final hour of trade, the markets and the election mike santoli tracking all the action for stocks. Frank has the vote count in pennsylvania ylan moi is covering the balance of power in the senate how georgias undetermined races
How americans malls are getting creative during the age of covid19 live, from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening, for many of Us Thanksgiving wont be the same tomorrow not close. It is a holiday bringing family and friends near and far and thats what this virus thrives on whether you are serving a turkey or zooming this year, remember the pandemic is ripping through cities and towns from coast to coast and the data shows it has no signs at all of slowing down. Just yesterday 88,000 people in america were in hospitals sick with covid it is the 15th straight day that hospitalizations hit another all time high. Deaths theyre on the rise, too the u. S. Reported more than 2100 people died yesterday. The most deaths since may according to johns hopkins, the numbers are obviously troubling. The doctors and scientists assuring us there is light at the end of this dark tunnel. Two weeks from tomorrow, fda will meet to discuss whether pfizer
Plus, shopping with sharks. How americans malls are getting creative during the age of covid19 announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening for many of Us Thanksgiving wont be the same tomorrow, not close. Its a holiday centered on bringing family together and friends with us from near and far, and thats what this virus thrives on so whether youre serving up turkey or ordering takeout or zooming it all this year, remember, the pandemic is ripping through cities and towns from coast to coast, and the data shows it has no signs at all of slowing down. Just yesterday 88,000 people in america were in hospitals sick with covid its the 15th straight day that hospitalizations hit another alltime high. Thats from the covid tracking project. And deaths, theyre on the rise too. The u. S. Reported more than 2,100 people died just yesterday, the most deaths since may according to Johns Hopkins the numbers are obviously troubling, but